MITECH CoLtd (Korea) Price on November 14, 2024
| 179290 Stock | 8,150 160.00 1.93% |
If you're considering investing in MITECH Stock, it is important to understand the factors that can impact its price. As of today, the current price of MITECH CoLtd stands at 8,150, as last reported on the 21st of December, with the highest price reaching 8,310 and the lowest price hitting 8,090 during the day. At this point, MITECH CoLtd is very steady. MITECH CoLtd has Sharpe Ratio of 0.0577, which conveys that the firm had a 0.0577% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for MITECH CoLtd, which you can use to evaluate the volatility of the firm. Please verify MITECH CoLtd's Market Risk Adjusted Performance of 0.6355, mean deviation of 2.02, and Risk Adjusted Performance of 0.1162 to check out if the risk estimate we provide is consistent with the expected return of 0.14%.
MITECH Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MITECH |
Sharpe Ratio = 0.0577
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| Cash | Small Risk | 179290 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.47 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average MITECH CoLtd is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of MITECH CoLtd by adding it to a well-diversified portfolio.
MITECH CoLtd Valuation on November 14, 2024
It is possible to determine the worth of MITECH CoLtd on a given historical date. On November 14, 2024 MITECH was worth 8060.0 at the beginning of the trading date compared to the closed value of 7710.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MITECH CoLtd stock. Still, in general, we apply an absolute valuation method to find MITECH CoLtd's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of MITECH CoLtd where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MITECH CoLtd's related companies.
| Open | High | Low | Close | Volume | |
| 8,020 | 8,180 | 7,840 | 8,060 | 403,159 | |
11/14/2024 | 8,060 | 8,230 | 7,710 | 7,710 | 387,153 |
| 7,710 | 7,860 | 7,480 | 7,640 | 202,401 |
| Backtest MITECH CoLtd | | | MITECH CoLtd History | Previous | Next |
MITECH CoLtd Trading Date Momentum on November 14, 2024
| On November 15 2024 MITECH CoLtd was traded for 7,640 at the closing time. The highest price during the trading period was 7,860 and the lowest recorded bid was listed for 7,480 . The volume for the day was 202.4 K. This history from November 15, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.91% . The trading delta at closing time to the current price is 3.76% . |
Price Boundaries
MITECH CoLtd Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
MITECH CoLtd cannot be verified against its exchange. Please verify the symbol is currently traded on KOSDAQ. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
MITECH CoLtd December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how MITECH CoLtd stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MITECH CoLtd shares will generate the highest return on investment. By undertsting and applying MITECH CoLtd stock market strength indicators, traders can identify MITECH CoLtd entry and exit signals to maximize returns
MITECH CoLtd Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MITECH CoLtd's price direction in advance. Along with the technical and fundamental analysis of MITECH Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MITECH to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1162 | |||
| Jensen Alpha | 0.3219 | |||
| Total Risk Alpha | 0.264 | |||
| Sortino Ratio | 0.1374 | |||
| Treynor Ratio | 0.6255 |
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Complementary Tools for MITECH Stock analysis
When running MITECH CoLtd's price analysis, check to measure MITECH CoLtd's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MITECH CoLtd is operating at the current time. Most of MITECH CoLtd's value examination focuses on studying past and present price action to predict the probability of MITECH CoLtd's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MITECH CoLtd's price. Additionally, you may evaluate how the addition of MITECH CoLtd to your portfolios can decrease your overall portfolio volatility.
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